Skip to main content

The Globe and Mail

Vancouver home with duplex zoning sells for over asking price

Done Deal, 4539 Nanaimo St., Vancouver


LISTING PRICE $1.198-million

SELLING PRICE $1.121-million

Story continues below advertisement


TAXES $3,787

LISTING AGENT Paul Albrighton, RE/MAX Crest Westside Realty

The Action: The house sold after a week of showings, with four offers presented to the seller on a scheduled offering day for $12,000 over the asking price. The buyers were a local family who purchased the home with an eye to one day taking advantage of the duplex zoning. The plan is for each sibling to live side by side, says listing agent Paul Albrighton.

What They Got: This 1941 two-storey, 2,170-square-foot bungalow has been well maintained with three bedrooms and two bathrooms.

It's located on busy Nanaimo Street in the Cedar Cottage/Trout Lake area. The house has been updated with bamboo flooring, fully renovated kitchen, bathroom and lofted attic space with skylight. It maintains its original features such as wood-burning fireplace and coved ceilings.

The lot size is 33- by 122-feet with a backyard that faces General Brock Park. It's zoned for a duplex as well as a coach house.

Story continues below advertisement

The Agent's Take: The house would have been priced slightly higher if it hadn't been on a busy arterial road, says Mr. Albrighton. That said, it did sell for slightly higher than other houses on Nanaimo. "If this sale had occurred in April to May this year, and four offers were submitted, I believe the sale price would have been higher given that kind of activity," he says. "It depends on the product type, but what I'm seeing for unique properties in Vancouver, prices have cooled off two to three per cent, on average from the peak pricing we saw in April to May this past year."

Report an error
About the Author
Real estate writer

Kerry Gold is a born and bred Vancouverite, and knows her city well. More


The Globe invites you to share your views. Please stay on topic and be respectful to everyone. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

We’ve made some technical updates to our commenting software. If you are experiencing any issues posting comments, simply log out and log back in.

Discussion loading… ✨

Combined Shape Created with Sketch.

Combined Shape Created with Sketch.

Thank you!

You are now subscribed to the newsletter at

You can unsubscribe from this newsletter or Globe promotions at any time by clicking the link at the bottom of the newsletter, or by emailing us at